Market Research Reports

The global dicyclopentadiene (DCPD) market features a largely fragmented competitive landscape, with the leading five vendors in the market cumulatively accounting for a 41% of the overall market in 2016. The intense competition has compelled companies to focus on new regional markets and expansion of existing production sites. Strategic acquisition of regional and local manufacturers, and addition of sales and distribution channels are other key growth strategies opted by manufacturers wishing to strengthen their hold on the market. For instance, in 2016, Braskem, one of the key manufacturers of LDPE started operations in Veracruz State, South of the Gulf of Mexico with the joint venture Braskem Idesa. The company expects the production of 300 kilo tons of LDPE every year, adding to its present global capacity. Browse Market Research Report @  http://www.transparencymarketresearch.com/dicyclopentadiene-market.html Transparency Market Research estimates that the global ...

The top four players in the   global dicyclopentadiene (DCPD) market   were Braskem SA, Kolon Industries, Inc., Zibo Luhua Hongjin New Material Co., Ltd, and Exxon Mobil Corporation. The cumulative share of these companies accounted for 23.1% in the global market in 2014. These players are anticipated to prioritize investing in the development of advanced materials for industries such as fashion, automotive, plastic, construction, and chemicals amongst others, a trend that will augment the uptake of DCPD. Currently, the market scenario looks tough for new entrants as these leading players have a strong foothold. The report states that the global DCPD market will be worth US$.0838 mn by 2023 rising from US$578 mn in 2014. Between 2015 and 2023, the global DCPD is expected to rise at a CAGR of 4.9%.   “Regional players will reap benefits by teaming up with leading players as they focus on expanding their production capacities in the regional market. This will ease the...